Richard & Scarlett Chang

Private foundation · Grantmaker Allen, TX EIN: 04-3657039

Richard & Scarlett Chang is a private foundation, based in Allen, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 4 grants totaling $77K. Net investment income was $104K.

Key facts about Richard & Scarlett Chang

In short: Richard & Scarlett Chang gave $77K across 4 grants in 2024 (avg $19K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
04-3657039
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$77,000
Grants made (2024)
4
Average grant
$19,250
Median grant
$19,000
Total assets
$1,344,511
Primary geography
Texas (61% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+7.9% YoY

Annual Giving

$77K

+10.0% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$19K

-45.0% YoY

Under IRS private-foundation payout rules, Richard & Scarlett Chang reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.

How Richard & Scarlett Chang gives

  • Giving held roughly steady from 2021 to 2024 (+7%). Method
  • In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Richard & Scarlett Chang?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

PlanoMilltownRichardson

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants2020 2 grants2021 2 grants2022 2 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $65K (2020) to $77K (2024). In 2024 it made 4 grants totaling $77K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Chinese Christian Fellowship International: $35KChinese Christian FellowshipInternational$35KChristian Renewal Ministries: $30KChristian Renewal Ministries$30KCollin County Chinese Fellowship Church: $8KCollin County ChineseFellowship Church$8KLittle Shepherd Foundation: $4KLittle Shepherd Foundation$4K

The largest 2024 recipient was Chinese Christian Fellowship International ($35K). Together the top 4 received $77K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Chinese Christian Fellowship International Plano, TXGeneral Operating Fund$35,000
Christian Renewal Ministries Milltown, NJGeneral Operating Fund$30,000
Collin County Chinese Fellowship Church Plano, TXGeneral Operating Fund$8,000
Little Shepherd Foundation Richardson, TXGeneral Operating Fund$4,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,344,511$1,246,078$1,262,546
Revenue$186,402$61,436$102,103
Expenses$87,724$78,149$73,718
Qualifying Distributions$77,000$70,000$65,000
Net Investment Income$104,137$55,644$52,103
Distributable Amount$70,804$62,184$61,827

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Richard & Scarlett Chang is led by Richard Chang, Chairman on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Richard Chang

    Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

  • Eric C. Ko

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Scarlett Chang

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Richard & Scarlett Chang

How much does Richard & Scarlett Chang give each year?

Richard & Scarlett Chang gave $77K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $70K across 2 grants.

What is Richard & Scarlett Chang's typical grant size?

Richard & Scarlett Chang's median grant in 2024 was $19,000, and its average grant was $19,250, across 4 grants on its 2024 IRS Form 990-PF.

Where does Richard & Scarlett Chang give grants?

Richard & Scarlett Chang gives mostly in Texas: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (39%). The most frequent recipient cities were Plano, TX (2 grants).

Does Richard & Scarlett Chang give general operating support?

Yes: 100% of Richard & Scarlett Chang's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Richard & Scarlett Chang?

Richard & Scarlett Chang reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $77K in qualifying distributions that year, against a required minimum of $71K (roughly 5% of its investment assets).

What is Richard & Scarlett Chang's EIN?

Richard & Scarlett Chang's EIN (Employer Identification Number) is 04-3657039. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Richard & Scarlett Chang by hand.

Explore Open Grants

Browse active grant opportunities in Richard & Scarlett Chang's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Oak Foundation

Stony Brook, NY

Assets

$45K

Grants

4

Total Given

$15K

Heritage Youth-for-All-Nations Foundation

Mason, OH

The foundation’s grants support Christian ministries and related education, humanitarian aid, and counseling work. In 2025, it gave $86,400 across 13 grants, ranging from $600 to $30,000, with a median grant of $4,000; recipients were in several U.S. states, led by Georgia, California, Arizona, Colorado, and Illinois. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$52K

Grants

13

Total Given

$86K

The Lu Family Foundation

Plano, TX

The Lu Family Foundation supports a range of charitable organizations, with recent grants concentrated in Texas and Florida and smaller awards in California, Pennsylvania, and Georgia. Its 2024 grants ranged from $1,000 to $1 million, with a median of $20,000. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$9.3M

Grants

17

Total Given

$2.2M

The Hsieh Christian Foundation

Washougal, WA

The Hsieh Christian Foundation funds Christian organizations and ministries, including evangelism, discipleship, religious education, missions, and family support. Its 2025 grants ranged from $1,500 to $25,000, with a median of $6,000; most funding went to California, with grants also made in other states. It does not accept unsolicited requests and gives only to preselected organizations.

Assets

$2.3M

Grants

27

Total Given

$203K

Communities Foundation of Texas Inc

Dallas, TX

Communities Foundation of Texas funds charitable work in health, wealth, living, and learning, with much of its grantmaking supporting North Texas nonprofits; its 2025 grants had a median of $18,779, though award sizes varied widely. Nearly all opportunities are by invitation, and its Nonprofit Gateway profile is not a grant application.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

2,209

Total Given

$209.2M

Greater Houston Community Foundation

Houston, TX

The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.

Assets

$1.1B

Grants

1,724

Total Given

$232.3M

Baker Hughes Foundation

Houston, TX

Philanthropy, Voluntarism & Grantmaking

Assets

$2.2M

Grants

990

Total Given

$3.2M

BNSF Railway Foundation

Fort Worth, TX

The BNSF Railway Foundation supports civic, cultural, educational, health and human services, environmental, and youth programs, as well as general operating costs, in communities served by BNSF across its 28-state network. Its 2025 median grant was $2,500; its current grants program lists awards of $1,000–$10,000.

Philanthropy, Voluntarism & Grantmaking

Assets

$23.0M

Grants

993

Total Given

$7.0M

The Houston Food Bank

Houston, TX

The Houston Food Bank supports food distribution and related hunger-relief programs, including school, children’s, and senior food initiatives, through community organizations in 18 Southeast Texas counties. Its 2025 grants had a median of $33,402, though awards varied widely; the profile does not state whether it accepts unsolicited requests.

Assets

$164.4M

Grants

1,128

Total Given

$210.7M

Community Foundation of North Texas (Tax

Fort Worth, TX

The Community Foundation of North Texas supports nonprofits through grants for areas including animal welfare, conservation, community development, nonprofit capacity, and opportunity, primarily in North Texas, including seven listed counties. Its 2024 grants had a median amount of $14,250, with awards ranging from $5,100 to $1.5 million. It offers competitive grants through application cycles; nonprofits cannot apply for donor-advised grants.

Philanthropy, Voluntarism & Grantmaking

Assets

$544.9M

Grants

872

Total Given

$41.3M

Michael & Susan Dell Foundation

Austin, TX

The Michael & Susan Dell Foundation funds education, health, family economic stability, and nonprofit capacity, with a strong focus on children and families and its deepest investment in Texas, especially Greater Austin; it also supports work elsewhere in the U.S. and internationally. Its 2024 grants ranged from $75 to $50 million, with a median of $19,324. It accepts unsolicited requests through an online application.

Assets

—

Grants

835

Total Given

$164.6M

More Funders in Texas

Richard & Scarlett Chang down — hundreds of funders to go?

Want AI to do this for you?